Dave McCormick, a name now synonymous with success in the world of business, didn’t always start his journey in the corporate realm. Born and raised in a small town in Pennsylvania, McCormick’s initial foray into the professional world was in the military. After graduating from West Point, he served as a captain in the U.S. Army, where he honed his leadership skills and developed a strong work ethic. This military background laid the foundation for his future career, instilling in him the values of discipline, integrity, and perseverance.

After his military service, McCormick pursued a Master’s degree in Business Administration from the University of Texas at Austin. He then began his civilian career at the prestigious investment bank Goldman Sachs, where he spent over a decade climbing the ranks. During his time there, he worked extensively in the firm’s private equity division, gaining valuable experience in deal-making and investment strategies. It was during this period that McCormick’s reputation as a sharp, strategic mind began to take shape, eventually leading to his appointment as the head of the firm’s private equity arm.

Dave McCormick’s Current Net Worth in 2025

As of 2025, Dave McCormick’s current net worth is estimated to be around $2 billion. This figure is based on the latest available information and reflects his success in the finance and technology sectors.

Dave McCormick’s Career

Dave McCormick is a prominent figure in the finance and technology industries. He served as the CEO of Bridgewater Associates, one of the world’s most successful hedge funds, from 2017 to 2021. Prior to this, he held various roles in the U.S. government, including serving as the U.S. Ambassador to Germany from 2005 to 2009. McCormick also worked at Goldman Sachs and the Treasury Department.

Dave McCormick’s Other Ventures

In addition to his work at Bridgewater, McCormick is also involved in various other ventures. He is a co-founder of the investment firm Halcyon Asset Management and serves on the board of directors for several companies, including Marriott International and the Federal Reserve Bank of Philadelphia. McCormick is also a member of the Council on Foreign Relations and the Trilateral Commission.

Dave McCormick’s Assets

Dave McCormick’s assets include a significant stake in Bridgewater Associates, as well as investments in various other companies and funds. He also owns several properties, including a home in Connecticut and an apartment in New York City. McCormick’s philanthropic efforts include donating to educational institutions and supporting various charitable causes.

Dave McCormick’s Annual Income

As of 2021, Dave McCormick’s annual income is estimated to be around $200 million. This figure reflects his compensation as the CEO of Bridgewater Associates, as well as his other business ventures and investments. McCormick’s annual income has varied over the years, but it has consistently placed him among the highest-paid executives in the finance industry.

Frequently Asked Questions about  Dave Mccormick

Frequently Asked Questions: Dave McCormick Net Worth

1. What is Dave McCormick’s net worth?

Dave McCormick’s net worth is estimated to be around $1 billion.

2. How did Dave McCormick make his fortune?

Dave McCormick made his fortune through his career in finance and investments. He co-founded Bridgewater Associates, one of the world’s most successful hedge funds.

3. When was Dave McCormick born?

Dave McCormick was born on October 17, 1965.

4. Where did Dave McCormick grow up?

Dave McCormick grew up in the suburbs of Philadelphia, Pennsylvania.

5. What is Dave McCormick’s educational background?

Dave McCormick graduated from the University of Pennsylvania with a Bachelor of Science degree in Economics. He also holds a Master of Business Administration degree from the Stanford Graduate School of Business.

6. What is Dave McCormick’s political affiliation?

Dave McCormick is a Republican.

7. Has Dave McCormick run for political office before?

Yes, Dave McCormick ran for the U.S. Senate in Pennsylvania in 2018 but lost in the primary.

8. What other businesses has Dave McCormick been involved in besides Bridgewater Associates?

Dave McCormick has also been involved in the founding and investment in several other businesses, including the hedge fund Omega Advisors and the private equity firm Castlerock Asset Management.

9. Is Dave McCormick married?

Yes, Dave McCormick is married to Dina Powell, a former Goldman Sachs executive and former Deputy National Security Advisor to President Trump.

10. Does Dave McCormick have any children?

Yes, Dave McCormick has three children with his wife Dina Powell.